market model to analyze the impact of uncertain wind generation on the different electricity markets as well as network … of the electricity markets is incorporated by a rolling planning procedure reflecting the market regime of European …In northern Europe wind energy has become a dominating renewable energy source due to natural conditions and national …

analysis, we use an electricity market model with a detailed representation of power plants, scheduled power withdrawals and …The European electricity system is undergoing significant changes, not only with respect to developments in generation … by regulators, network operators and the European Commission with the objective to create an \Internal Energy Market". In …

We discuss the implications of two price zones, i.e. one northern and southern bidding area, on the German electricity … market. In the northern zone, continuous capacity additions with low variable costs cause large regional supply surpluses in … the market dispatch while conventional capacity decreases in the southern zone. As the spatial imbalance of supply and …

The interdependence of electricity and natural gas is becoming a major energy policy and regulatory issue in all … jurisdictions around the world. The increased role of gas fired plants in renewable-based electricity markets and the dependence on … gas imports make this issue particular striking for the European energy market. In this paper we provide a comprehensive …

pathways for a transformation towards a decarbonized electricity sector rely on very high shares of fluctuating renewables … applies these scenarios to dynELMOD (dynamic Electricity Model), an investment model of the European electricity system that … for a renewable electricity system until 2050, when using a dynamic reserve sizing horizon. Apart from the sizing horizon …

markets. We introduce the cost-minimizing electricity sector model ELMOD-MIP, that includes detailed unit … reservation phase, mimicking the activation anticipation of market participants. The model includes the spot and balancing market … increase for positive and negative reserves, in case no new participants enter the market. With the participation of wind …

model is balanced via a market clearing for the electricity as well as CO2 market. The equilibrium solution is subject to … constraints on CO2 emissions and renewable generation share. We apply the model to a case study of the UK Electricity Market …This paper presents a general electricity-CO2 (ELCO) modeling framework that is able to simulate interactions of the …

In current power markets, the bulk of electricity is sold wholesale and transported to consumers via long … compete. Collectively, our results present a set of positive efficiency results for peer-to-peer electricity markets. …

We develop a game-theoretic electricity market model that allows analyzing strategic electricity storage in an … imperfect market setting. We apply the model to Germany and examine different cases of strategic and non-strategic pumped hydro … storage operation. We find that introducing storage generally smoothes conventional generation patterns and market prices and …

We employ a detailed two-stage model to simulate the operation of the Central Eastern European electricity market and …